Matrix Service Company Announces Executive Changes
August 28, 2019 at 10:05 pm
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Matrix Service Company announced key leadership changes as the Chief Operating Officer indicated his plan to retire June 30, 2020. Joe Montalbano, after 47 years in the industry, will retire from his role as Vice President and Chief Operating Officer effective June 30, 2020. Alan Updyke has been promoted into an interim role, President Operations, as part of the succession transition. This role reports to Joe Montalbano through the end of the fiscal year and will assume direct leadership for the three operating subsidiaries – Matrix Service Inc., Matrix NAC and Matrix PDM Engineering. Alan’s new role is effective September 3, 2019 and will later transition to the COO position on July 1, 2020 upon Joe’s retirement. Prior to joining Matrix, Alan held various executive level roles within the engineering and construction industry. Brad Rinehart will assume the role of President, Matrix Service Inc. Brad joined Matrix in 1988 and has held numerous roles over his long tenure with Matrix. Brad has spent most of his career in Storage Solutions business. Brad was promoted to President, Matrix PDM Engineering in December 2016. In that role Brad led the integration of Houston Interests, which tripled Matrix PDM engineering capabilities and positioned the Company to take on larger EPC projects. Glyn Rodgers will be promoted to the role of President, Matrix PDM Engineering.
Matrix Service Company, through its subsidiaries, is an industrial engineering, construction, and maintenance contractor operating in North America. The Companyâs segments include Storage and Terminal Solutions, Utility and Power Infrastructure, and Process and Industrial Facilities. Its Storage and Terminal Solutions primarily consists of engineering, procurement, fabrication, and construction services related to cryogenic and other specialty tanks and terminals. This segment also includes terminal balance of plant work. Its Utility and Power Infrastructure segment primarily consists of engineering, procurement, fabrication, and construction services to support growing demand for LNG utility peak shaving facilities. Its Process and Industrial Facilities consists of plant maintenance, repair, and turnarounds in the downstream and midstream markets for energy clients including refining and processing of crude oil, fractionating, and marketing of natural gas and natural gas liquids.